Deckers Outdoor Corporation $DECK Shares Sold by Trillium Asset Management LLC

by · The Markets Daily

Trillium Asset Management LLC decreased its position in shares of Deckers Outdoor Corporation (NYSE:DECK – Free Report) by 20.6% in the fourth quarter, HoldingsChannel reports. The firm owned 147,925 shares of the textile maker’s stock after selling 38,338 shares during the quarter. Trillium Asset Management LLC’s holdings in Deckers Outdoor were worth $15,631,000 as of its most recent filing with the Securities & Exchange Commission.

Other institutional investors and hedge funds have also recently modified their holdings of the company. Geneos Wealth Management Inc. lifted its holdings in shares of Deckers Outdoor by 330.8% during the second quarter. Geneos Wealth Management Inc. now owns 280 shares of the textile maker’s stock worth $29,000 after purchasing an additional 215 shares during the period. Elyxium Wealth LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter worth about $30,000. Rakuten Securities Inc. lifted its holdings in shares of Deckers Outdoor by 45.5% during the second quarter. Rakuten Securities Inc. now owns 320 shares of the textile maker’s stock worth $33,000 after purchasing an additional 100 shares during the period. Activest Wealth Management lifted its holdings in shares of Deckers Outdoor by 298.8% during the fourth quarter. Activest Wealth Management now owns 327 shares of the textile maker’s stock worth $34,000 after purchasing an additional 245 shares during the period. Finally, Hilton Head Capital Partners LLC acquired a new stake in shares of Deckers Outdoor during the fourth quarter worth about $35,000. Institutional investors and hedge funds own 97.79% of the company’s stock.

Wall Street Analysts Forecast Growth

A number of equities research analysts recently commented on the company. Truist Financial set a $125.00 target price on Deckers Outdoor and gave the stock a “buy” rating in a report on Friday, May 22nd. Weiss Ratings reissued a “hold (c)” rating on shares of Deckers Outdoor in a report on Monday, April 20th. KGI Securities downgraded Deckers Outdoor from an “outperform” rating to a “neutral” rating and set a $117.00 price target for the company. in a report on Friday, May 22nd. Raymond James Financial downgraded Deckers Outdoor from a “strong-buy” rating to an “outperform” rating and set a $133.00 price target for the company. in a report on Thursday, April 23rd. Finally, Argus set a $128.00 price target on Deckers Outdoor in a report on Friday, May 29th. Nine research analysts have rated the stock with a Buy rating, thirteen have issued a Hold rating and two have assigned a Sell rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Hold” and a consensus price target of $121.11.

Read Our Latest Report on DECK

Deckers Outdoor Price Performance

Deckers Outdoor stock opened at $113.83 on Friday. The stock has a market capitalization of $15.81 billion, a PE ratio of 16.17, a price-to-earnings-growth ratio of 2.26 and a beta of 1.16. Deckers Outdoor Corporation has a 12 month low of $78.91 and a 12 month high of $126.50. The business has a 50 day simple moving average of $105.46 and a 200-day simple moving average of $104.70.

Deckers Outdoor (NYSE:DECK – Get Free Report) last posted its quarterly earnings data on Thursday, May 21st. The textile maker reported $0.96 EPS for the quarter, beating analysts’ consensus estimates of $0.81 by $0.15. The business had revenue of $1.12 billion during the quarter, compared to analysts’ expectations of $1.09 billion. Deckers Outdoor had a return on equity of 41.19% and a net margin of 18.90%.The business’s revenue was up 9.5% compared to the same quarter last year. During the same period in the previous year, the business earned $1.00 earnings per share. Deckers Outdoor has set its FY 2027 guidance at 7.300-7.450 EPS. On average, equities research analysts anticipate that Deckers Outdoor Corporation will post 7.45 EPS for the current fiscal year.

Deckers Outdoor Profile

(Free Report)

Deckers Outdoor Corporation is a global designer, marketer and distributor of footwear, apparel and accessories. The company’s product portfolio includes well‐known brands such as UGG, HOKA, Teva, Sanuk and Koolaburra by UGG, spanning a range of lifestyle, performance and outdoor categories. Deckers leverages a blend of proprietary manufacturing, strategic brand storytelling and direct‐to‐consumer retail to serve both fashion‐focused and performance‐oriented customers.

Founded in 1973 by Doug Otto and Karl F.

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